+2MAG7
equityfixed weightsMagnificent Seven
Seven Robinhood Stock Tokens tracking the mega-cap companies that dominate the US market, equal-weighted so no single name controls the basket.
RHJ reference feed
canonical
oldest quote 29 Aug 2026 23:19:39
index level
100.00
since publication
0.00%
underlier daily volume
$112.48B
RHJ mint / burn
$0
constituents
07
DEX routes
at execution
holdings · RHJ reference data
| # | Stock Token | weight | reference | multiplier | underlier volume | mint / burn | registry |
|---|---|---|---|---|---|---|---|
| 01 | NVDA NVIDIA | 14.3% | $219.63 | 1 | $42.85B | — | canonical |
| 02 | AAPL Apple | 14.3% | $318.78 | 1.00056608 | $12.31B | — | canonical |
| 03 | MSFT Microsoft | 14.3% | $512.17 | 1 | $14.96B | — | canonical |
| 04 | GOOGL Alphabet | 14.3% | $346.22 | 1 | $8.78B | — | canonical |
| 05 | AMZN Amazon | 14.3% | $257.10 | 1 | $12.74B | — | canonical |
| 06 |  TSLA Tesla | 14.3% | $351.00 | 1 | $11.57B | — | canonical |
| 07 |  META Meta Platforms | 14.3% | $577.90 | 1 | $9.27B | — | canonical |
reference values are not executable quotes · weights are fixed · each route is checked immediately before signing
open methodology · v1.0.0
How MAG7 is constructed
The objective, contracts, target weights, calculation, and review policy are published so the index can be independently inspected.
published
30 Aug 2026
last methodology rebalance
v1 inception · 30 Aug 2026
next review / rebalance
30 Nov 2026
wallet rebalance
never automatic
objective & eligibility
Seven Robinhood Stock Tokens tracking the mega-cap companies that dominate the US market, equal-weighted so no single name controls the basket.
A constituent must be a curated Robinhood Stock Token with an active canonical chain-4663 contract and a current RHJ reference quote. No look-alike contract is substituted.
calculation
Price-return index normalized to 100 at publication. Each constituent uses its published target weight and multiplier-adjusted RHJ midpoint reference. Dividends, fees, execution costs, and foreign exchange effects are not included.
base 100.00 · 29 Aug 2026
weighting
Published target weights establish the base quantities. Those quantities remain fixed between reviews, so live constituent weights may drift with price.
review & reconstitution
Quarterly, with an extraordinary review after a halt, delisting, contract migration, or material corporate action.
Changes are manual and rules-based. Every constituent or target-weight change creates a new published methodology version; historical versions remain visible. A review does not trade or alter assets already held in a user's wallet.
RHJ reference analytics · since publication
Constituent contribution
100.00
0.00% since base
01 · inception baseline
100.00
02 · current reference
100.00
The published performance record begins at inception. OpenIndex does not fabricate or backfill pre-inception history.
| constituent | target | base reference | live reference | return | contribution |
|---|---|---|---|---|---|
| NVDA | 14.29% | $219.63 | $219.63 | 0.00% | 0.00 pts |
| AAPL | 14.29% | $318.78 | $318.78 | 0.00% | 0.00 pts |
| MSFT | 14.29% | $512.16 | $512.16 | 0.00% | 0.00 pts |
| GOOGL | 14.29% | $346.22 | $346.22 | 0.00% | 0.00 pts |
| AMZN | 14.29% | $257.10 | $257.10 | 0.00% | 0.00 pts |
| TSLA | 14.29% | $351.00 | $351.00 | 0.00% | 0.00 pts |
| META | 14.26% | $577.89 | $577.89 | 0.00% | 0.00 pts |
RHJ midpoint references · price return only · dividends, fees, and execution costs excluded · not executable performance or an investment return
weight version history
| version | effective | published target weights | change |
|---|---|---|---|
| v1.0.0 | 30 Aug 2026 | NVDA 14.29% · AAPL 14.29% · MSFT 14.29% · GOOGL 14.29% · AMZN 14.29% · TSLA 14.29% · META 14.26% | Initial OpenIndex publication with canonical Robinhood Chain contracts, fixed base quantities, and a base level of 100. |
chain 4663 · exact contracts are included in both downloadable factsheets
Stock Tokens in this index
- NVDANVIDIA Corporation (NVDA)Robinhood Assets (Jersey) Limited
- AAPLApple Inc. (AAPL)Robinhood Assets (Jersey) Limited
- MSFTMicrosoft Corporation (MSFT)Robinhood Assets (Jersey) Limited
- GOOGLAlphabet Inc. Class A (GOOGL)Robinhood Assets (Jersey) Limited
- AMZNAmazon.com, Inc. (AMZN)Robinhood Assets (Jersey) Limited
- TSLATesla, Inc. (TSLA)Robinhood Assets (Jersey) Limited
- METAMeta Platforms, Inc. (META)Robinhood Assets (Jersey) Limited
- NVDA — A Robinhood Stock Token is a tokenised debt security. It provides economic exposure but no ownership, voting, or other shareholder rights in the underlying security.
- AAPL — A Robinhood Stock Token is a tokenised debt security. It provides economic exposure but no ownership, voting, or other shareholder rights in the underlying security.
- MSFT — A Robinhood Stock Token is a tokenised debt security. It provides economic exposure but no ownership, voting, or other shareholder rights in the underlying security.
- GOOGL — A Robinhood Stock Token is a tokenised debt security. It provides economic exposure but no ownership, voting, or other shareholder rights in the underlying security.
- AMZN — A Robinhood Stock Token is a tokenised debt security. It provides economic exposure but no ownership, voting, or other shareholder rights in the underlying security.
- TSLA — A Robinhood Stock Token is a tokenised debt security. It provides economic exposure but no ownership, voting, or other shareholder rights in the underlying security.
- META — A Robinhood Stock Token is a tokenised debt security. It provides economic exposure but no ownership, voting, or other shareholder rights in the underlying security.
these are Stock Tokens issued by Robinhood Assets (Jersey) Limited: tokenised debt securities that provide economic exposure to the named security. they are not shares and provide no ownership, voting, or other shareholder rights. corporate actions are reflected through a shares-per-token multiplier. they may not be offered to US persons and are restricted in other jurisdictions. while the underlying market is closed, onchain execution can diverge from the reference price and spreads can widen.
buy MAG7
USDG → Stock Tokens
capped at $50.00 while the Robinhood Chain execution path is new
reference estimate
RHJ bid/ask reference only. an executable Uniswap quote is fetched and simulated immediately before each wallet request.
not atomic. this is 7 separate swaps. USDG may need one approval first, then every leg is submitted separately. if one fails, you keep the Stock Tokens from legs that already filled.